Stock Analysis on Net
Stock Analysis on Net
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Applied Materials Inc. (NASDAQ:AMAT)

Analysis of Revenues

Advanced level

Accounting Policy on Revenue Recognition

Applied recognizes revenue when promised goods or services are transferred to a customer in an amount that reflects the consideration to which Applied expects to be entitled in exchange for those goods or services. Applied determines revenue recognition through the following five steps; (1) identification of the contract(s) with customers, (2) identification of the performance obligations in the contract, (3) determination of the transaction price, (4) allocation of the transaction price to the performance obligations in the contract, and (5) recognition of revenue when, or as, a performance obligation is satisfied.

Source: 10-K (filing date: 2019-12-13).

Revenues as Reported

Applied Materials Inc., Income Statement, Revenues

US$ in millions

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12 months ended: Oct 27, 2019 Oct 28, 2018 Oct 29, 2017 Oct 30, 2016 Oct 25, 2015 Oct 26, 2014
Semiconductor Systems 9,027  10,903  9,517  6,873  6,135  5,978 
Applied Global Services 3,854  3,754  3,017  2,589  2,447  2,114 
Display and Adjacent Markets 1,651  2,498  1,900  1,206  944  848 
Corporate and Other 76  98  103  157  133  132 
Net sales 14,608  17,253  14,537  10,825  9,659  9,072 

Based on: 10-K (filing date: 2019-12-13), 10-K (filing date: 2018-12-13), 10-K (filing date: 2017-12-15), 10-K (filing date: 2016-12-15), 10-K (filing date: 2015-12-09), 10-K (filing date: 2014-12-17).

Item Description The company
Net sales Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Applied Materials Inc.’s net sales increased from 2017 to 2018 but then slightly decreased from 2018 to 2019 not reaching 2017 level.